Advantis Mortgage Rates, Fees & Info
Milwaukie, ORLEI: 254900MNIT450KPDA114
Tax ID: 93-0251640
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Mortgage Data
Review & Overview
Advantis is a smaller mortgage company specializing in Refi, Cash Out Refi, and Home Purchase loans. Advantis has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Salem, Bend, San Jose, and Seattle among others. We have data for 52 markets. (Some data included below & more in-depth data is available with an active subscription.)Advantis has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Advantis is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.32% | 12/16/24 |
| 30 Year Conventional Purchase | 6.23% | 12/16/24 |
| 30 Year Conventional Refi | 6.23% | 12/16/24 |
| 30 Year Cash-out Refi | 6.36% | 12/16/24 |
| 30 Year FHA Purchase | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 6.05% | 12/16/24 |
| 15 Year Conventional Refi | 6.20% | 12/16/24 |
| 15 Year Cash-out Refi | 6.20% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Advantis Mortgage Calculator
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technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,979Origination Dollar Volume (All Markets)
$445,095,000Awards
ADVANTIS - 2020
ADVANTIS is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1,598 | $382,000,000 | $239,049 | $3,996 | 3.50% |
| SALEM, OR (FHA|USDA|VA) | 41 | $8,425,000 | $205,488 | $3,682 | 3.92% |
| BEND, OR (FHA|USDA|VA) | 31 | $8,085,000 | $260,806 | $4,492 | 3.50% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 39 | $7,735,000 | $198,333 | $0 | 6.02% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 24 | $4,200,000 | $175,000 | $3,303 | 3.95% |
| Outside of Metro Areas | 23 | $3,935,000 | $171,087 | $3,288 | 3.63% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 33 | $3,365,000 | $101,970 | $0 | 6.17% |
| LONGVIEW, WA (FHA|USDA|VA) | 8 | $1,940,000 | $242,500 | $3,695 | 3.44% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 14 | $1,860,000 | $132,857 | $0 | 6.09% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 12 | $1,840,000 | $153,333 | $4,619 | 4.29% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 20 | $1,640,000 | $82,000 | $0 | 6.29% |
| CORVALLIS, OR (FHA|USDA|VA) | 7 | $1,535,000 | $219,286 | $3,894 | 3.23% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 9 | $1,475,000 | $163,889 | $0 | 6.00% |
| Hood River, OR (FHA|USDA|VA) | 6 | $1,440,000 | $240,000 | $3,757 | 3.50% |
| Astoria, OR (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $4,479 | 3.48% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 14 | $1,310,000 | $93,571 | $0 | 6.00% |
| Newport, OR (FHA|USDA|VA) | 7 | $1,215,000 | $173,571 | $3,164 | 3.36% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $3,870 | 3.71% |
| Oak Harbor, WA (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $3,824 | 3.67% |
| Shelton, WA (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $3,136 | 2.94% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 8 | $890,000 | $111,250 | $0 | 6.09% |
| BELLINGHAM, WA (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $2,237 | 4.52% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 6 | $690,000 | $115,000 | $4,805 | 4.54% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 5.87% |
| Prineville, OR (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,762 | 4.54% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 5.87% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 8 | $480,000 | $60,000 | $0 | 6.25% |
| The Dalles, OR (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,788 | 2.88% |
| NAPA, CA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 6.16% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $2,733 | 3.88% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 6.50% |
| Klamath Falls, OR (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $3,023 | 4.38% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,247 | 3.38% |
| MEDFORD, OR (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $2,744 | 4.48% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,444 | 3.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 6.25% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $2,307 | 3.43% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,428 | 3.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,264 | 3.00% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.00% |
| Centralia, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 5.87% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.99% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.75% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.99% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 5.75% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.99% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.75% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 5.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.99% |
| La Grande, OR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 3.99% |
Similar Lenders
We use machine learning to identify the top lenders compared against ADVANTIS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 434
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Similarity Rank: 750
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Similarity Rank: 1653
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,458 | $394,370,000 | $270,487 | $3,965 | 3.58% |
| HELOC | 521 | $50,725,000 | $97,361 | n/a | 4.22% |
For 2020, Advantis's most frequently originated type of loan was Conventional, with 1,458 originations. Their 2nd most popular type was HELOC, with 521 originations.
Loan Reason
For 2020, Advantis's most frequently cited loan purpose was Refi, with 660 originations. The 2nd most popular reason was Cash Out Refi, with 438 originations.
Loan Duration/Length
For 2020, Advantis's most frequently cited loan duration was 30 Year, with 1,489 originations. The 2nd most popular length was 20 Year, with 333 originations.
Origination Fees/Closing Costs
Advantis's average total fees were $4,093, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 652 originations.
Interest Rates
During 2020, Advantis's average interest rate for loans was 3.57%, while their most frequently originated rate bucket for loans was 3-4%, with 888 originations.
Loan Sizing
2020 saw Advantis place emphasis on $200k-400k loans with 859 originations, totaling $249,185,000 in origination value.
Applicant Income
Advantis lent most frequently to those with incomes in the $100k-150k range, with 607 originations. The second most popular income band? $150k-250k, with 410 originations.
Applicant Debt to Income Ratio
Advantis lent most frequently to those with DTI ratios of 20-30%, with 609 originations. The next most common DTI ratio? 30-36%, with 355 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.51%
Advantis has an average approval rate.
Pick Rate
Approvals leading to origination55.23%
Advantis has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10249.0 | 1 | $315,000 | $315,000 |
| 1032.99 | 1 | $25,000 | $25,000 |
| 1184.0 | 1 | $25,000 | $25,000 |
| 1266.0 | 1 | $25,000 | $25,000 |
| 1293.76 | 1 | $25,000 | $25,000 |
| 1449.11 | 1 | $25,000 | $25,000 |
| 1515.6 | 1 | $35,000 | $35,000 |
| 1549.0 | 1 | $35,000 | $35,000 |
| 1678.0 | 1 | $35,000 | $35,000 |
| 1684.0 | 1 | $35,000 | $35,000 |
| 1691.33 | 1 | $35,000 | $35,000 |
| 1765.7 | 1 | $35,000 | $35,000 |
| 1799.09 | 1 | $35,000 | $35,000 |
| 1874.0 | 1 | $35,000 | $35,000 |
| 1914.95 | 1 | $55,000 | $55,000 |
| 1951.0 | 1 | $55,000 | $55,000 |
| 1999.72 | 1 | $45,000 | $45,000 |
| 2016.17 | 1 | $45,000 | $45,000 |
| 2129.49 | 1 | $45,000 | $45,000 |
| 2143.0 | 1 | $45,000 | $45,000 |
| 2203.0 | 1 | $45,000 | $45,000 |
| 2216.5 | 1 | $45,000 | $45,000 |
| 2226.6 | 1 | $75,000 | $75,000 |
| 2261.11 | 1 | $45,000 | $45,000 |
| 2283.0 | 1 | $45,000 | $45,000 |
| 2299.0 | 1 | $55,000 | $55,000 |
| 2322.0 | 1 | $45,000 | $45,000 |
| 2359.0 | 1 | $55,000 | $55,000 |
| 2363.52 | 1 | $55,000 | $55,000 |
| 2374.0 | 1 | $65,000 | $65,000 |
| 2391.0 | 1 | $55,000 | $55,000 |
| 2406.86 | 1 | $55,000 | $55,000 |
| 2408.02 | 1 | $55,000 | $55,000 |
| 2438.16 | 1 | $55,000 | $55,000 |
| 2482.0 | 1 | $85,000 | $85,000 |
| 2519.0 | 1 | $55,000 | $55,000 |
| 2575.63 | 1 | $55,000 | $55,000 |
| 2597.98 | 1 | $55,000 | $55,000 |
| 2605.55 | 1 | $65,000 | $65,000 |
| 2629.0 | 1 | $65,000 | $65,000 |
| 2637.78 | 1 | $65,000 | $65,000 |
| 2648.83 | 1 | $65,000 | $65,000 |
| 2689.0 | 1 | $65,000 | $65,000 |
| 2708.04 | 1 | $65,000 | $65,000 |
| 2726.48 | 1 | $95,000 | $95,000 |
| 2729.5 | 1 | $65,000 | $65,000 |
| 2747.78 | 1 | $65,000 | $65,000 |
| 2779.0 | 1 | $65,000 | $65,000 |
| 2795.35 | 1 | $65,000 | $65,000 |
| 2799.0 | 1 | $105,000 | $105,000 |
| 2811.5 | 1 | $75,000 | $75,000 |
| 2828.83 | 1 | $65,000 | $65,000 |
| 2851.0 | 1 | $65,000 | $65,000 |
| 2876.11 | 1 | $65,000 | $65,000 |
| 2891.5 | 1 | $65,000 | $65,000 |
| 2946.1 | 1 | $75,000 | $75,000 |
| 2986.29 | 1 | $75,000 | $75,000 |
| 3000.0 | 1 | $65,000 | $65,000 |
| 3022.0 | 1 | $115,000 | $115,000 |
| 3040.0 | 1 | $75,000 | $75,000 |
| 3079.92 | 1 | $75,000 | $75,000 |
| 3094.0 | 1 | $75,000 | $75,000 |
| 3128.83 | 1 | $75,000 | $75,000 |
| 3146.04 | 1 | $75,000 | $75,000 |
| 3167.39 | 1 | $75,000 | $75,000 |
| 3193.3 | 1 | $65,000 | $65,000 |
| 3199.0 | 1 | $85,000 | $85,000 |
| 3209.0 | 1 | $75,000 | $75,000 |
| 3213.0 | 1 | $105,000 | $105,000 |
| 3229.0 | 1 | $85,000 | $85,000 |
| 3232.0 | 3 | $245,000 | $81,667 |
| 3253.16 | 1 | $105,000 | $105,000 |
| 3259.72 | 1 | $85,000 | $85,000 |
| 3267.0 | 1 | $115,000 | $115,000 |
| 3276.51 | 1 | $105,000 | $105,000 |
| 3277.94 | 1 | $105,000 | $105,000 |
| 3280.98 | 1 | $95,000 | $95,000 |
| 3288.0 | 1 | $105,000 | $105,000 |
| 3289.6 | 1 | $95,000 | $95,000 |
| 3291.23 | 1 | $85,000 | $85,000 |
| 3291.48 | 1 | $95,000 | $95,000 |
| 3293.51 | 1 | $95,000 | $95,000 |
| 3294.15 | 1 | $105,000 | $105,000 |
| 3295.0 | 1 | $95,000 | $95,000 |
| 3295.29 | 1 | $95,000 | $95,000 |
| 3295.3 | 1 | $105,000 | $105,000 |
| 3295.87 | 1 | $105,000 | $105,000 |
| 3296.15 | 1 | $95,000 | $95,000 |
| 3296.4 | 1 | $85,000 | $85,000 |
| 3297.0 | 7 | $665,000 | $95,000 |
| 3399.0 | 1 | $135,000 | $135,000 |
| 3440.84 | 1 | $135,000 | $135,000 |
| 3680.85 | 1 | $125,000 | $125,000 |
| 3698.39 | 1 | $95,000 | $95,000 |
| 3925.42 | 1 | $105,000 | $105,000 |
| 3999.84 | 1 | $105,000 | $105,000 |
| 4185.0 | 1 | $135,000 | $135,000 |
| 4282.23 | 1 | $155,000 | $155,000 |
| 4286.74 | 1 | $115,000 | $115,000 |
| 4291.0 | 1 | $115,000 | $115,000 |
| 4384.47 | 1 | $105,000 | $105,000 |
| 4387.0 | 1 | $115,000 | $115,000 |
| 4474.0 | 1 | $125,000 | $125,000 |
| 4542.3 | 1 | $125,000 | $125,000 |
| 4549.0 | 1 | $125,000 | $125,000 |
| 4576.54 | 1 | $125,000 | $125,000 |
| 4608.0 | 1 | $155,000 | $155,000 |
| 4699.0 | 2 | $270,000 | $135,000 |
| 4714.0 | 1 | $135,000 | $135,000 |
| 4734.34 | 1 | $135,000 | $135,000 |
| 4804.0 | 1 | $135,000 | $135,000 |
| 4975.0 | 1 | $135,000 | $135,000 |
| 4979.0 | 1 | $205,000 | $205,000 |
| 5006.5 | 1 | $145,000 | $145,000 |
| 5059.0 | 1 | $145,000 | $145,000 |
| 5070.5 | 1 | $145,000 | $145,000 |
| 5119.0 | 2 | $290,000 | $145,000 |
| 5180.08 | 1 | $145,000 | $145,000 |
| 5199.0 | 1 | $225,000 | $225,000 |
| 5227.0 | 1 | $145,000 | $145,000 |
| 5254.0 | 1 | $145,000 | $145,000 |
| 5275.61 | 1 | $225,000 | $225,000 |
| 5278.45 | 1 | $145,000 | $145,000 |
| 5307.69 | 1 | $145,000 | $145,000 |
| 5359.0 | 1 | $155,000 | $155,000 |
| 5380.46 | 1 | $155,000 | $155,000 |
| 5389.0 | 1 | $155,000 | $155,000 |
| 5462.2 | 1 | $155,000 | $155,000 |
| 5528.39 | 1 | $155,000 | $155,000 |
| 5596.6 | 1 | $155,000 | $155,000 |
| 5610.11 | 1 | $165,000 | $165,000 |
| 5724.95 | 1 | $165,000 | $165,000 |
| 5749.0 | 1 | $165,000 | $165,000 |
| 5817.22 | 1 | $195,000 | $195,000 |
| 6015.18 | 1 | $175,000 | $175,000 |
| 6195.28 | 1 | $175,000 | $175,000 |
| 6218.73 | 1 | $185,000 | $185,000 |
| 6262.4 | 1 | $185,000 | $185,000 |
| 6281.5 | 1 | $185,000 | $185,000 |
| 6488.8 | 1 | $185,000 | $185,000 |
| 6541.34 | 1 | $195,000 | $195,000 |
| 6574.0 | 1 | $195,000 | $195,000 |
| 6614.37 | 1 | $195,000 | $195,000 |
| 6679.0 | 1 | $195,000 | $195,000 |
| 6799.0 | 1 | $205,000 | $205,000 |
| 6874.0 | 1 | $205,000 | $205,000 |
| 6883.17 | 1 | $205,000 | $205,000 |
| 6993.37 | 1 | $205,000 | $205,000 |
| 7009.0 | 1 | $205,000 | $205,000 |
| 7057.26 | 1 | $205,000 | $205,000 |
| 7375.0 | 1 | $215,000 | $215,000 |
| 7498.54 | 1 | $225,000 | $225,000 |
| 7535.0 | 1 | $265,000 | $265,000 |
| 7699.0 | 1 | $235,000 | $235,000 |
| 7759.0 | 1 | $235,000 | $235,000 |
| 799.0 | 26 | $2,090,000 | $80,385 |
| 7999.0 | 1 | $245,000 | $245,000 |
| 8095.0 | 1 | $245,000 | $245,000 |
| 8237.19 | 1 | $245,000 | $245,000 |
| 8313.82 | 1 | $255,000 | $255,000 |
| 8683.81 | 1 | $265,000 | $265,000 |
| 8817.56 | 1 | $265,000 | $265,000 |
| 8876.11 | 1 | $265,000 | $265,000 |
| 8959.0 | 1 | $275,000 | $275,000 |
| 9228.07 | 1 | $285,000 | $285,000 |
| 9256.16 | 1 | $285,000 | $285,000 |
| 9265.45 | 1 | $285,000 | $285,000 |
| 9559.0 | 1 | $295,000 | $295,000 |
| 9574.0 | 1 | $295,000 | $295,000 |
| 9871.0 | 1 | $305,000 | $305,000 |
| NA | 1,774 | $421,220,000 | $237,441 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Advantage Credit, Inc. | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |